Saturday, June 12, 2010

Unofficial Problem Bank List

Extremely quiet week for the Unofficial Problem Bank List as the OCC did not release its actions for May. No doubt that will happen next week.

Only three changes to report. There were two removals -- the failed Washington First International Bank ($521 million) and an action termination by the OCC against Mission Oaks National Bank ($187 million Ticker: MOKB).

The other change is an updated Prompt Corrective Action against Imperial Savings and Loan Association ($9.6 million).

The Unofficial Problem Bank List stands at 760 institutions with aggregate assets of $385 billion.

Click here for Bank List

Note: A special thanks to surferdude808 for tracking all the institutions and compiling this list (no one else is doing this).

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